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To: hothot who wrote (12621)7/10/1998 3:14:00 PM
From: Hiram Walker  Read Replies (1) | Respond to of 27307
 
hothot, it seems like such an oxymoronic thing,to be buying more books over electronic media(internet). Well, AMZN will have tremendous volatility for years,due to its high p/sales,and lack of p.e. It will travel in a huge range,and when the bookmark stops,who knows where it will be. Its hard to believe that they can grow this much,when the book market is contracting. But SBUX still seems foolish to me,selling $4 dollar cups of cafe latte,and capuccino's,when I can buy a 1/2 pound of gourmet coffee for that price,and that is another market that is shrinking. Hey this is all like playing your favorite bar in college,one year its this,and next year its across the street.
Hiram



To: hothot who wrote (12621)7/10/1998 9:38:00 PM
From: David R  Read Replies (1) | Respond to of 27307
 
RE: But the question is whether they can maintain the market share of Internet book market as the Internet expands

There is another question. How much money can be made selling books over the internet (i.e will the market expand substantially). That is, will the market expand sufficiently for Amazon to meet growth expectations, and profitability. The process of going to Borders or Barnes and Noble, and looking over various books while enjoying a nice Latte, and perhaps meeting a few folks has a certain appeal that can never be replicated over the net.

For business shopping the net is great because the ultimate goals is to get product a ASAP. For personal shopping, often times that is not the case, and the trip is half the fun.

Not dissing online shopping or Amazon. But there are other issues to be considered.